Company Analysis

VivoSim Labs, Inc. (VIVS)

Nasdaq: VIVS · Biological Products, (No Diagnostic Substances) · San Diego, CA · filing with the SEC since 2010
Grade3.3
◀ Past 1.7● Present 2.7▶ Future 4.8
1 est.

The grade of VivoSim Labs, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.3/10
◀ Past1.725% of the headline
● Present2.735% of the headline
▶ Future4.840% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.7/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.2/10

Has it survived what it has been through?

13 warning events since 2017; the latest 2026-08-21.

weight 22% of this tense · 12th percentile among 159 sector filers · read for itself

From the record

VivoSim Labs, Inc.'s filings since 2017 show 13 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 8 times, the latest 2026-08-21); an auditor change (8-K item 4.01, 2 times, the latest 2023-09-05); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2026-06-29) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.3/10

What has it actually done, year after year?

-35.9% a year over 9 filed years; profitable in 0 of 9.

weight 45% of this tense · 13th percentile among 102 sector filers · read for its customers

From the record

VivoSim Labs, Inc.'s 9 filed years say what it did: revenue went from $5 million in fiscal 2018 to $131 thousand in fiscal 2026, down 35.9% a year; it rose in 1 of 7 years; the deepest fall was 100% from fiscal 2018 to fiscal 2021; net income was positive in 0 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-35.9%bottom 3% of its family
  • the share of years revenue rosebottom 7% of its family
  • the share of filed years with a profitbottom 31% of its family
  • the deepest fall from a revenue peak100.0%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.6/10

How has it treated the people who own it?

SI estimate 2.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 26th percentile among 146 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 26% of 146 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 146 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: VivoSim Labs, Inc.'s shareholder treatment is put at 2.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 26% of 146 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.7/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
1.9/10

Is it financially healthy right now?

Leverage 115%: owes 115¢ per asset dollar.

weight 45% of this tense · 19th percentile among 147 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, VivoSim Labs, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 2 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 115 cents per dollar of assets, and net share issuance: its share count grew 76.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 16% of its family
  • gross profit against assetsbottom 20% of its family
  • the share count against the year beforebottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.4/10

How strong is its position in its industry?

bottom 14% of 102 in its family; net margin -10567.2%.

weight 22% of this tense · 14th percentile among 102 sector filers · read for its customers

From the record

VivoSim Labs, Inc.'s standing among 102 graded names in its industry family: revenue of $131 thousand in fiscal 2026 ranks in the bottom 9% by size; a net margin of -10567.2% ranks in the bottom 15%; revenue growth of -29.3% a year over the last 3 filed years ranks in the bottom 19% (its annual reports).

What it rests on

  • revenue against the family$131,000bottom 9% of its family
  • net margin-10567.2%bottom 15% of its family
  • three-year revenue growth-29.3%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.6/10

What are the people in charge doing?

bottom 46% of 110 in its family for leadership.

weight 33% of this tense · 46th percentile among 110 sector filers · read for its shareholders

From the record

VivoSim Labs, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 7 officers and directors filing in the last fifteen months have been on the record a median of 6.2 years (top 30%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 7 peoplebottom 21% of its family
  • the median years the people in charge have filed6.2 yearstop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.8/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.7/10

How much room does it have to grow?

top 33% of 92 in its family for room to expand.

weight 33% of this tense · 67th percentile among 92 sector filers · read for itself

From the record

VivoSim Labs, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $5 million against no long-term debt tagged leaves 68% of its assets as net cash, top 22% of its family; cash from operations less capital spending is -8264.9% of revenue (bottom 10%); a gross margin of 100% (top 4%); research spending of 3197.7% of revenue (top 16%) (its annual report).

What it rests on

  • cash less debt against assets68.0%top 22% of its family
  • cash from operations less capital spending against revenue-8264.9%bottom 10% of its family
  • gross margin100.0%top 4% of its family
  • research spending against revenue3197.7%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.0/10

What could actually drive growth from here?

bottom 40% of 100 in its family for growth drivers.

weight 45% of this tense · 40th percentile among 100 sector filers · read for its customers

From the record

VivoSim Labs, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -29.3% a year over the last three filed years against -35.9% over all 9, speeding up (top 18% of its family); the newest year grew -9% (bottom 28%); research spending grew -22.2% a year (bottom 11%) (its annual reports). VivoSim Labs, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+6.7 points a yeartop 18% of its family
  • the newest year's revenue growth-9.0%bottom 28% of its family
  • three-year growth of research spending-22.2%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.5/10

Did its newest year beat what its own record pointed to?

bottom 35% of 72 in its family for expectations against reality.

weight 22% of this tense · 35th percentile among 72 sector filers · read for its shareholders

From the record

VivoSim Labs, Inc.'s newest year against its own record: revenue of $131 thousand in fiscal 2026 came in 45.8% above the $90 thousand its prior three years' pace pointed to (top 32% of its family); net income of $14 million against a prior three-year average of $11 million (bottom 30%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 8%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace45.8%top 32% of its family
  • net income against the prior three years' average-21%bottom 30% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton VIVS · research, not advice